Choose the career option that requires the most education.
2 answers:
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Given that a<span>
factory machine was purchased for $375000 on january 1, 2018. it was
estimated that it would have a $75000 salvage value at the end of its
5-year useful life. it was also estimated that the machine would be run
40000 hours in the 5 years. the company ran the machine for 4000 actual
hours in 2018.
If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be
</span>
If the company uses the units-of-activity method of depreciation, the amount of depreciation expense for 2018 would be
Answer:
The correct option is (b).
Explanation:
The regression equation to predict the bank's charges (Y) measured in dollars per month for services rendered to local companies based upon the company's sales revenue (X) measured in millions of dollars is:
The <em>y</em>-intercept of the line is, -3100.
The slope of the line is, 27.
The <em>y-</em>intercept of a regression line is defined as the average value of the dependent variable when the independent variable value is 0.
The dependent variable, in this case, is the bank's charges and the independent variable is the company's sales revenue.
As the company's sales revenue cannot be $0, the <em>y</em>-intercept cannot be interpreted.
Thus, the correct option is (b).